Tis’ the season to shop locally! As we all start to prepare for the holidays, please remember to show your appreciation for our community by shopping locally and supporting small businesses. Not only does this create more meaningful and memorable gifts, but it also impacts our local community in a positive way!

Speaking of positive impact, this month, we had a record-breaking loan committee meeting. We were able to approve five loans for businesses and nonprofits across three counties: Humboldt, Del Norte, and Lake. The funding was also diverse, coming from CDFI, USDA, EDA, SBA (microloan and 504 programs), as well as our local Headwaters fund. Additionally, several of the loans have guarantees from the SBA 7A program and iBank. This just goes to show that diversity in funds can allow AEDC to be flexible to the needs of our borrowers!

-- Ross